Nayara Energy has cut petrol prices by Rs 5 per litre and diesel prices by Rs 3 across its nationwide fuel station network after easing global crude oil prices. The reduction took effect from July 1.
The Centre has lowered aviation turbine fuel prices for domestic airlines by Rs 5 per litre and revised export duties on petrol, diesel and ATF from July 1, while leaving domestic fuel taxes unchanged.
Commercial LPG cylinder prices have been reduced by Rs 183.50 from today. A 19 kg commercial cylinder will now cost Rs 2,930 in Delhi, while the price of a 5 kg FTL cylinder has been cut by Rs 13.
India's fiscal deficit stood at Rs 1.62 trillion during the first two months of the financial year (April-May FY27), accounting for 9.6 per cent of the full-year Budget Estimate (BE) of Rs 16.96 trillion, according to data released by the Controller General of Accounts (CGA) on Tuesday.
Indian stock markets ended lower in a volatile trading session on Tuesday, with the Nifty closing below the 23,900 mark. The benchmark indices erased their early gains and oscillated between positive and negative territory throughout the day.
Two wheeler (2W) sales increased 36 per cent and passenger vehicle (PV) 32 per cent in October.Three-wheeler sales were up 11 per cent, commercial vehicles 6 per cent and tractors 3 per cent. Overall retail sales increased 64 per cent compared to September.
India is a strong economy -- on its way to becoming the third-largest one in the world -- and the US election results may affect foreign inflows in the short term but it will not have any long-term impact for the country's benchmark indices, industry and market experts said on Tuesday.
The country's largest IPO, Hyundai Motor India, has disappointed investors to date.
"Foodgrain production witnessed a record increase due to good production of rice, jowar, and maize," an official statement said.
Government-owned gas giant GAIL (India) Ltd reported revenue from operations of Rs 66,622 crore for the April–September period of the current financial year as compared to Rs 64,050 crore in the same period of 2023-24.
